Apr 03 Novel coronavirus ends 50-year-low jobless rate in U.S. By Michael Sisak, John Leicester, Aritz Parra, Associated Press The U.S. government figures do not include the last two weeks, when nearly 10 million thrown-out-of-work Americans applied for unemployment benefits. Continue reading
Apr 02 Watch 4:29 Stories from Americans suffering the pandemic’s financial fallout The loss of jobs caused by the coronavirus pandemic and its fallout is unprecedented in the U.S. Over 10 million Americans became unemployed in the past two weeks alone -- and economists say there are many more who have not… Continue watching
Apr 02 Watch 6:31 Why the speed and scope of U.S. job losses complicate federal response What does the coronavirus pandemic’s unprecedented surge in job loss mean for the American economy? Professor and economist Laura Tyson served as chair of the Council of Economic Advisers during the Clinton administration. She joins Judy Woodruff to discuss whether… Continue watching
Apr 02 Watch 6:27 Will these shuttered restaurants be able to reopen after pandemic? By Paul Solman A sector of the economy that is being hit especially hard amid the coronavirus pandemic is the restaurant industry. In normal times, Americans were spending roughly as much money on dining out as they were at grocery stores. With restaurants… Continue watching
Apr 02 Some in U.S. may not get stimulus checks until August By Matthew Daly, Associated Press The federal government expects to begin making payments to millions of Americans under the new stimulus law in mid-April, but some people without direct deposit information may not get checks until mid-August or later. Continue reading
Apr 02 About half of working households lost income due to coronavirus, new poll shows By Josh Boak, Emily Swanson, Associated Press About half of all working Americans say they or a member of their household have lost some kind of income due to the coronavirus pandemic, with low-income Americans and those without college degrees especially likely to have lost a job. Continue reading
Apr 02 Arizona justices uphold Phoenix airport’s Uber, Lyft fees By Jonathan J. Cooper, Associated Press The ride-hailing companies have threatened to stop serving the airport over the $4 pickup and drop-off fees. Continue reading
Apr 02 U.S. eases blood donation limits for gay men due to shortage By Matthew Perrone, Associated Press The U.S. is making it easier for gay men and other groups to give blood because of the coronavirus outbreak. Continue reading
Apr 02 Wall Street rises as higher oil prices revive energy stocks By Stan Choe, Damian J. Troise, Associated Press Stocks rose on Wall Street Thursday, largely due to gains for energy companies, after the price of oil bounced further off its lowest level in 18 years. Continue reading
Apr 02 Stimulus aid for small businesses will go to some big chains By Ryan J. Foley, Associated Press The program was billed as a way to help local businesses retain workers and pay bills. But an expansive definition of "small business" in the law means that it will be open to much more than just Main Street shops. Continue reading